The latest situation has emerged in the electric car market, which has grown considerably in the last few years. A research company has revealed the electric car sales rates for July. Although things seem to be going well in the market, the decline continues in Europe.
Electric car sales increased by 21 percent! However, the situation is the exact opposite in Europe!
Electric cars have been mentioned recently due to the decline in sales. In general, the falling sales in many regions except China are actually due to charging and range problems. The leaks that came today also somewhat confirm this situation. Europe is again remembered for the decline rates. However, there is an increase compared to last year, especially in July.
According to the data announced by a research company, a total of 1 million 400 thousand fully electric and plug-in hybrids were sold worldwide last month. A large portion of these, 880 thousand, were sold in China. And China recorded a significant increase of 31 percent compared to last year. The increase in plug-in hybrids was recorded as 70 percent.
Not only in China, but also in the US and Canada, sales in July 2024 are 7.1 percent higher than in July 2023. The situation is exactly the opposite in Europe. The decrease is 7.8 percent compared to last year. In Germany, which has been known for its low electric car sales for a while, the decrease is about 12 percent.
China’s shining star BYD reported a 13 percent increase for fully electric models. BYD, which achieved a 44 percent increase in plug-in hybrid sales, plays a major role in China’s increasing electric car sales rates.
Although there is an increase in July worldwide, China is taking on a large part of this business. Europe, on the other hand, is still on the agenda with low sales rates. It seems that the electric car market is quite mixed. How long do you think this situation will continue? Will electric cars be adopted? We are waiting for your ideas in the comments.
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